2, COCHRAN CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QD - £187,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 COCHRAN CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £187,000 in November 2015, which was around 28% below the average November 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

2 COCHRAN CLOSE Sold Prices

Land registry data shows two sales for 2 COCHRAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 2 COCHRAN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 13 NOV	£187,000	£258,421	28% below HPI
2011 11 MAR	£145,000	£210,204	31% below HPI

2 COCHRAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 2 COCHRAN CLOSE sales from March 2011 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 COCHRAN CLOSE?

2 COCHRAN CLOSE is 81m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 2 COCHRAN CLOSE lies on this distribution: 19% of detached houses are smaller than 2 COCHRAN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 COCHRAN CLOSE: Plot and Title Map

2 COCHRAN CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2 COCHRAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 COCHRAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 COCHRAN CLOSE?

2 COCHRAN CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 2 on COCHRAN CLOSE.